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Thursday 30 July 2009

John Goldacres Introduction for the Latest Newsletter

This is John Goldacres introduction for the latest newsletter

Well summer is on us in the Canary Islands and its hot good job we have some of the best beaches in Fuerteventura to Relax and Unwind on. Been a recent flurry of activity on Vista Mar with our first clients taking title, this really has turned out to be a fabulous development pool is now completed, gym fitted out, a really 5 star resort.

I travel to Greece on the 5th to visit our office there but first a two week break to be enjoyed first.

The property market still remains sticky .. Its like walking in mud .. still hard work with the euro to sterling exchange rate ranging anything from 1.15 – 1.18 to the GBP but 1.15 / 1.16 is where we have seen the most of the activity since our last newsletter.

Mortgages are still being granted although the banks are more stringent in their underwriting and the valuation companies under instruction from the Bank of Spain to be cautious in their valuations.

But it is not all doom and gloom as the press would still have us believe, inquires are on the increase both in the Canary Islands and Greece, there are still some great priced properties available, see our recent selection of one bedrooms below and there is a more positive feel generally amongst people.

Since our last news Fuerteventura has seen the introduction of regular services from Easy Jet and Monarch ( link these two to the blog ) so flights are becoming once again an issue of non importance I researched flights with Easy Jet on the 5th December and returning on the 19th from the UK and the total was £81 return, which was excellent. So those that thought access was becoming more difficult it shows in todays world things can change in an instant and with over 45,000,000 million euros being spent on the airport in Fuerteventura this was a definite change that was to happen. Please also remember if you have flight only GoldAcre Estates can assist you in finding your perfect accommodation to stay during your search for your Dream Home.

So safe low cost flights, Happy hunting and of course at GoldAcre Estates we are always on hand to help and advise with any questions you may have.

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30th July 2009

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